Chimera Investment (NYSE: CIM) director Debra Still receives 11,263 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STILL DEBRA reported acquisition or exercise transactions in this Form 4 filing.
Chimera Investment Corp director Debra Still received a grant of 11,263 restricted stock units (RSUs) of common stock as compensation. The award was recorded at a price of $0.00 per share, indicating a non-cash equity grant rather than an open-market purchase.
The RSUs are scheduled to vest on the earlier of the first anniversary of the grant date on June 11, 2027, or the date of Chimera’s next annual stockholders meeting, and will be settled entirely in shares of Chimera common stock. After this grant, Still directly holds 60,706 shares of Chimera common stock. Each RSU has the economic equivalent of one share of Chimera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STILL DEBRA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,263 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 60,706 shares (Direct, null)
Footnotes (1)
- Represents shares of Chimera Investment Corporation ("Chimera") common stock underlying restricted stock units (RSUs). The RSUs are scheduled to vest on the earlier of (1) the first anniversary of the grant date, June 11, 2027, or, if earlier, (2) the date of the next annual stockholders meeting of the Chimera and shall be settled 100% in shares of Chimera common stock. The reporting person does not intend to report the vesting of the RSUs nor the delivery of the shares of common stock. Each RSU has the economic equivalent of one share of Chimera common stock.
Key Figures
RSUs granted: 11,263 units
Price per RSU: $0.00 per share
Shares after transaction: 60,706 shares
+2 more
5 metrics
RSUs granted
11,263 units
Restricted stock units of common stock granted to director
Price per RSU
$0.00 per share
Indicates non-cash equity compensation grant
Shares after transaction
60,706 shares
Common stock directly held by Debra Still after grant
Scheduled vesting date
June 11, 2027
Latest vesting date; earlier of this or next annual meeting
RSU-to-share ratio
1 RSU : 1 share
Each RSU has economic equivalent of one share
Key Terms
restricted stock units (RSUs), vest, annual stockholders meeting, economic equivalent
4 terms
restricted stock units (RSUs) financial
"Represents shares of Chimera Investment Corporation common stock underlying restricted stock units (RSUs)."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vest financial
"The RSUs are scheduled to vest on the earlier of the first anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual stockholders meeting financial
"or, if earlier, the date of the next annual stockholders meeting of the Chimera"
economic equivalent financial
"Each RSU has the economic equivalent of one share of Chimera common stock."
FAQ
What insider transaction did Chimera Investment Corp (CIM) report for Debra Still?
Chimera Investment Corp reported that director Debra Still received a grant of 11,263 restricted stock units of common stock. The grant is a compensation award, not an open-market purchase, and was recorded at a price of $0.00 per share.
When do Debra Still’s RSUs at Chimera Investment Corp (CIM) vest?
The RSUs are scheduled to vest on the earlier of the first anniversary of the June 11, 2026 grant date or the date of Chimera’s next annual stockholders meeting. Upon vesting, they will be settled entirely in shares of Chimera common stock.
Are Debra Still’s RSUs at Chimera Investment Corp (CIM) equivalent to common stock?
Each restricted stock unit granted to Debra Still has the economic equivalent of one share of Chimera common stock. Once vested and settled, these RSUs will be delivered entirely as shares of Chimera common stock, aligning economic exposure with regular shareholders.
Will the vesting of Debra Still’s RSUs at Chimera Investment Corp (CIM) appear in future Form 4 filings?
The filing states that the reporting person does not intend to report the vesting of the restricted stock units or the delivery of the underlying common shares. This disclosure clarifies how future changes from this award may be reflected in insider reports.